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Verifying the growth of AI in the region, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the region using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to allow for experimentation and development," stated the report.
What the 2026 Outsourcing Landscape Appears Like for GCC FirmsTop magnate, policymakers and financiers from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, service leaders, financiers, and market professionals attended the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both regions rely on each other for essential products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can gain from the changing patterns of worldwide need and what role Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an information and research study centre, by providing company documentation, offering legal services, assisting in networking chances via signature company events and delivering practically every possible organization service, it specified.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however slow somewhat. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue in other places.
SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and talent, said company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.
Responding to a question on regional startups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot opting for us in the region: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information privacy; and truly strong universities that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.
Our most significant chauffeur right now is buying skill, since in the AI race, it's the technical talent that really wins."Concentrating on the appearance of the area for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are extremely fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are coming in, which reveals clear indications of maturity of the environment The ability of the UAE and local federal governments to attract skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.
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